Budget vs Bid: What Our Cost Estimating Record Shows
Across 14 projects that reached bid, ACOT’s budget estimates landed within an average of 3.66% of the bid price. A look at the numbers behind that figure.
From constructability reviews to as-built drawings, a walk through the job site activities an ACOT construction management team takes on when it represents the Owner.

“Construction management” can mean very different things depending on who is offering it. For ACOT, it means a team that takes up residence at the job site for the duration of the work and represents the Owner in related matters on the project. The ACOT-assigned project manager works in close coordination with the client to make sure the project is adequately staffed to monitor and control the progress of the work.
The exact scope depends on the form of construction contract and the work breakdown structure. On many projects it covers every job site activity, from site clearing up to startup and commissioning, across all contractors, vendors, technical representatives and operations personnel. Here is what that looks like in practice.
ACOT’s view is that a proactive approach to construction management lowers cost, improves quality and minimizes construction claims. Most of that comes from catching problems on paper, before they become problems in concrete.
See the full scope of ACOT Construction Management (ACM) services, or browse projects where ACOT has served as construction manager.
01 Keep reading
Across 14 projects that reached bid, ACOT’s budget estimates landed within an average of 3.66% of the bid price. A look at the numbers behind that figure.
No general contractor, five or six bid packages, and one project manager whose allegiance is to the Owner. Here is how ACOT’s Owner’s Representative model is set up, and what it changes on a project.

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